Applying Financial Regulation in Emerging Markets
The panel discussion Global Finance – Local Action: How to Apply Financial Regulation in Emerging Markets? was held during the IMF/World Bank Annual Meetings 2014 on 9 October 2014. The event was jointly organized by the Toronto Center and GIZ on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
The objective of the panel was to provide a forum for senior emerging market policy-makers and members of the standard-setting bodies to exchange their views and perspectives on how to adapt banking regulatory standards to the context of developing and emerging markets. As international financial stability needs to be viewed as a true global public good, policy coordination with emerging markets regulators and supervisors is critical to effective implementation of global standards in developing and emerging markets. The forum explored solutions to overcome common challenges in the implementation of new regulatory and supervisory standards, including ending of too big to fail, tailoring global standards and global coordination in the context of emerging markets.
- Panel Discussion: Global Finance – Local Action: How to Apply Financial Regulation in Emerging Markets? (9 October 2014, Washington D.C.)